Current Events > What is the dems' obsession with student loan debt?

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Complete_Idi0t
09/13/19 11:23:23 AM
#52:


Hmm, should I take out a loan, or work for minimum wage for the rest of my life? Decisions decisions...
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konokonohamaru
09/13/19 11:24:39 AM
#53:


Complete_Idi0t posted...
Hmm, should I take out a loan, or work for minimum wage for the rest of my life? Decisions decisions...


why not both?
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thrashmetal14
09/13/19 11:24:53 AM
#54:


Complete_Idi0t posted...
Hmm, should I take out a loan, or work for minimum wage for the rest of my life? Decisions decisions...


Username checks out
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Villain
09/13/19 11:25:36 AM
#55:


shockthemonkey posted...
Regardless of moral arguments, the fact that an entire generation is crippled financially and its about to cause a huge economic crash seems like a pretty good reason to be talking about student loan forgiveness.

Quoting since this is an important point. People complaining that they didn't get into debt and etc are ignoring the bigger picture here.
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hockeybub89
09/13/19 11:27:00 AM
#56:


Those 17 year old children should have known better than to take out predatory loans to help them pay for the college they need for their future career.
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Hanky_Bannister
09/13/19 11:28:02 AM
#57:


hockeybub89 posted...
Those 17 year old children should have known better than to take out predatory loans to help them pay for the college they need for their future career.

dont bother; its just another alt right troll job
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hockeybub89
09/13/19 11:28:27 AM
#58:


Hanky_Bannister posted...
hockeybub89 posted...
Those 17 year old children should have known better than to take out predatory loans to help them pay for the college they need for their future career.

dont bother; its just another alt right troll job


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thrashmetal14
09/13/19 11:29:02 AM
#59:



hockeybub89 posted...
Those 17 year old children should have known better than to take out predatory loans to help them pay for the college they need for their future career.


When I was 17 I was smart enough to go to community college instead of taking out a mammoth loan to go straight to university. But let's reward the dumb people and punish the responsible people.
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DifferentialEquation
09/13/19 11:31:01 AM
#60:


hockeybub89 posted...
Those 17 year old children should have known better than to take out predatory loans to help them pay for the college they need for their future career.


They should have known better than to believe they have to follow their passion by taking on 6 figures of debt to attend some college which they somehow arbatrarily decided is their "dream school".

There are plenty of people who took out a reasonable amount of loans and had no issues paying then back.
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Villain
09/13/19 11:31:10 AM
#61:


Boomers: You need a college education to get a good job. You can grow up and be anything!

Also boomers: LOL why'd you take out loans and get into so much debt for a degree in XYZ?
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konokonohamaru
09/13/19 11:36:06 AM
#62:


Are some of you saying that you're not responsible for your decisions at age 17?
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Complete_Idi0t
09/13/19 11:36:33 AM
#63:


The law says I'm not. Good enough for me.
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DevsBro
09/13/19 11:43:37 AM
#64:


I can sorta see where they're coming from but it's not sufficient reasoning to cancel insane amounts of debt, especially with no regard to people who actually did pay theirs off, or saved up for their kids or any number of things.

More appropriately, we need to attack the actual problems of tuition and books being outrageous and funds being horribly mismanaged.

There are single donations in the 7 or even 8 digit range with the condition that it has to all be spent on a building named after the donor. That crap needs to be illegal. Congrats, now we have a Douchebag Hall, named for Senator Hugh G Douchebag, which can be seen from Outer freaking Space, but no, you still have to pay $500 a text book from the University book store.
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Megaman50100
09/13/19 11:56:01 AM
#65:


Also there is a ton of management bloat in colleges that has accelerated in the last 10-20 years.
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NinjaWarrior455
09/13/19 11:56:09 AM
#66:


konokonohamaru posted...
Are some of you saying that you're not responsible for your decisions at age 17?

When you have near everyone in your life from your teachers, counselors, parents, friends, and other figures telling you that you need to attend 4 year university to get a degree and get a well paying job, the average 17 year old is going to do what they can to achieve that goal, including taking out predatory loans.
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Fam_Fam
09/13/19 11:57:42 AM
#67:


so its not fair if someone else pays for your college, and you should be made to pay for 100% of it. got it!
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DifferentialEquation
09/13/19 12:15:38 PM
#68:


NinjaWarrior455 posted...
konokonohamaru posted...
Are some of you saying that you're not responsible for your decisions at age 17?

When you have near everyone in your life from your teachers, counselors, parents, friends, and other figures telling you that you need to attend 4 year university to get a degree and get a well paying job, the average 17 year old is going to do what they can to achieve that goal, including taking out predatory loans.


And yet there's also plenty of kids that don't fall for that nonsense.

And if the problem is that someone took out a ridiculous amount of student loans that they can't afford to pay back because they just did what others told them to, having someone else foot the bill isn't going to teach them responsibility. They'll just go out the very next day and take out car loan or mortgage that they can't afford.
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Caution999
09/13/19 12:18:26 PM
#69:


Complete_Idi0t posted...
Hmm, should I take out a loan, or work for minimum wage for the rest of my life? Decisions decisions...


how about picking a major that has success out in the real world? Gender studies isn't gonna make anyone any bank.

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The Top Crusader
09/13/19 12:19:32 PM
#70:


thrashmetal14 posted...
If student debt is cancelled then all those pretentious kids in high school that made fun of me for going to community college will have won.


Haha. But yeah, like... if I knew I could just coast on minimum payments for years and eventually have the bulk of my student loans wiped out... I would've actually taken out student loans and gone to a better university and gotten a better degree and theoretically have a better job now. But I did what I thought was responsible and paid for community college as I went without any loans and have an associates degree and mediocre job now. >_> It feels like it isn't only rewarding those who made dumb financial decisions, but is punishing the people who tried to do the responsible thing.
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DifferentialEquation
09/13/19 12:23:47 PM
#71:


The Top Crusader posted...
It feels like it isn't only rewarding those who made dumb financial decisions, but is punishing the people who tried to do the responsible thing.


That's essentially the basis of all of the Democrats' policies.
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#72
Post #72 was unavailable or deleted.
konokonohamaru
09/13/19 12:44:14 PM
#73:


shockthemonkey posted...
Villain posted...
shockthemonkey posted...
Regardless of moral arguments, the fact that an entire generation is crippled financially and its about to cause a huge economic crash seems like a pretty good reason to be talking about student loan forgiveness.

Quoting since this is an important point. People complaining that they didn't get into debt and etc are ignoring the bigger picture here.

And theyre going to keep ignoring it. Because they rather virtue signal than think about practical policy.


Was it practical policy to bail out the banks after the financial crisis? u know, coz economic collapse
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#74
Post #74 was unavailable or deleted.
Villain
09/13/19 1:57:38 PM
#75:


shockthemonkey posted...
Villain posted...
shockthemonkey posted...
Regardless of moral arguments, the fact that an entire generation is crippled financially and its about to cause a huge economic crash seems like a pretty good reason to be talking about student loan forgiveness.

Quoting since this is an important point. People complaining that they didn't get into debt and etc are ignoring the bigger picture here.

And theyre going to keep ignoring it. Because they rather virtue signal than think about practical policy.

We're already kind of in this situation too. Millennials are not buying houses and not having as many children.
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Tired-Insomniac
09/13/19 2:02:39 PM
#76:


Caution999 posted...
Complete_Idi0t posted...
Hmm, should I take out a loan, or work for minimum wage for the rest of my life? Decisions decisions...


how about picking a major that has success out in the real world? Gender studies isn't gonna make anyone any bank.


Why do those types of degrees even exist

Were they ever useful for anything other than those mediocre jobs that just require "a bachelor's degree" no matter what the degree is in?

Or are there actual good careers out there for them, just not a lot of them so it's much harder to make use of them?
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Musourenka
09/13/19 2:12:54 PM
#77:


Villain posted...
Boomers: You need a college education to get a good job. You can grow up and be anything!

Also boomers: LOL why'd you take out loans and get into so much debt for a degree in XYZ?


Exactly. College was heavily pushed by parents, schools, etc.

Also, simply saying "They should have been more responsible" doesn't change anything. Okay, so they screwed themselves in loans. What next? Leave everything as is? Let the next generations get into debt too?
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Bio1590
09/13/19 2:13:32 PM
#78:


So if your entire argument is based around "You shouldn't take on debt" then where are your next doctors, physicians, pharmacists, lawyers, etc, coming from?
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konokonohamaru
09/13/19 2:17:03 PM
#79:


Bio1590 posted...
So if your entire argument is based around "You shouldn't take on debt" then where are your next doctors, physicians, pharmacists, lawyers, etc, coming from?


So you want to forgive the debt of doctors and lawyers and pharmacists making $200k+ a year?
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Bio1590
09/13/19 2:21:03 PM
#80:


konokonohamaru posted...
Bio1590 posted...
So if your entire argument is based around "You shouldn't take on debt" then where are your next doctors, physicians, pharmacists, lawyers, etc, coming from?


So you want to forgive the debt of doctors and lawyers and pharmacists making $200k+ a year?

Why not? There should absolutely be zero arbitrary decisions made when it comes to loan forgiveness.

But I mean, if you wanted to make that argument, if anything, those are the types of careers that should be covered.
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Bio1590
09/13/19 2:28:52 PM
#81:


Like, do you know how much it costs to get a medical degree in Germany? A couple thousand Euros, at most, total. Being able to afford a place to live (if you have to leave home) is actually a larger concern than being able to afford your education.

And that doesn't just apply to getting a medical degree, by the way, it's all higher-level education there.
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Chocobo_King
09/13/19 2:42:27 PM
#82:


Coincidental timing, but I've had multiple older physicians tell me their total 4 year med school tuition was less than 1 year of mine.
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iPhone_7
09/13/19 2:44:56 PM
#83:


konokonohamaru posted...
You took out a debt you should be responsible for paying it.

How dare you
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_____Cait
09/14/19 8:16:59 PM
#84:


I made good decisions so people in student debt shouldnt be able to succeed

/files for bankruptcy on failed business and gambling debt
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Tryhaptaward
09/14/19 8:26:12 PM
#85:


konokonohamaru posted...
Bio1590 posted...
So if your entire argument is based around "You shouldn't take on debt" then where are your next doctors, physicians, pharmacists, lawyers, etc, coming from?


So you want to forgive the debt of doctors and lawyers and pharmacists making $200k+ a year?


lol Pharmacists fresh out are not making anywhere near $200k+

Maybe not even six figures
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konokonohamaru
09/14/19 8:26:30 PM
#86:


_____Cait posted...
I made good decisions so people in student debt shouldnt be able to succeed

/files for bankruptcy on failed business and gambling debt


Who are you referring to?
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Solid Snake07
09/14/19 8:29:54 PM
#87:


Yeah, it's called pandering to desperate people with promises they'll never be able to keep
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Unsugarized_Foo
09/14/19 8:36:22 PM
#88:


Solid Snake07 posted...
Yeah, it's called pandering to desperate people with promises they'll never be able to keep


https://www.youtube.com/watch?v=eE6ica0t95Q" data-time="

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Knowledge_King
09/14/19 11:28:33 PM
#89:


Villain posted...
shockthemonkey posted...
Regardless of moral arguments, the fact that an entire generation is crippled financially and its about to cause a huge economic crash seems like a pretty good reason to be talking about student loan forgiveness.

Quoting since this is an important point. People complaining that they didn't get into debt and etc are ignoring the bigger picture here.


The bigger picture than that, is punishing people for being financially responsible and rewarding financial illiteracy. Which is much more important and worse than the outcome of letting loans play out.
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Bio1590
09/14/19 11:59:59 PM
#90:


lmao pretty sure "letting the loans play out" is going to cripple the country especially because more and more people are getting into that debt.
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_____Cait
09/15/19 3:33:40 AM
#91:


Bio1590 posted...
lmao pretty sure "letting the loans play out" is going to cripple the country especially because more and more people are getting into that debt.


Hey youcant let the poor people drink from the same fountains.

Oh i mean be free

Oh i meant free from debt

Sorry did that sound like something else
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Villain
09/15/19 6:04:48 PM
#92:


Knowledge_King posted...
Villain posted...
shockthemonkey posted...
Regardless of moral arguments, the fact that an entire generation is crippled financially and its about to cause a huge economic crash seems like a pretty good reason to be talking about student loan forgiveness.

Quoting since this is an important point. People complaining that they didn't get into debt and etc are ignoring the bigger picture here.


The bigger picture than that, is punishing people for being financially responsible and rewarding financial illiteracy. Which is much more important and worse than the outcome of letting loans play out.


Again, boomers drilled it into millennial heads that "you could grow up to be anything you want to be" and "you have to go to college to get a decent job"
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_____Cait
09/15/19 6:48:56 PM
#93:


It also encourages the schools to continue to find new ways to defraud students.
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hockeybub89
09/15/19 6:51:28 PM
#94:


Knowledge_King posted...
Villain posted...
shockthemonkey posted...
Regardless of moral arguments, the fact that an entire generation is crippled financially and its about to cause a huge economic crash seems like a pretty good reason to be talking about student loan forgiveness.

Quoting since this is an important point. People complaining that they didn't get into debt and etc are ignoring the bigger picture here.


The bigger picture than that, is punishing people for being financially responsible and rewarding financial illiteracy. Which is much more important and worse than the outcome of letting loans play out.

Should we punish people for life for being financially illiterate at 16-17? When everyone in their life told them they'd be a failure if they didn't go to college? And lenders taking advantage of that?
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_____Cait
09/15/19 6:55:40 PM
#95:


hockeybub89 posted...
Knowledge_King posted...
Villain posted...
shockthemonkey posted...
Regardless of moral arguments, the fact that an entire generation is crippled financially and its about to cause a huge economic crash seems like a pretty good reason to be talking about student loan forgiveness.

Quoting since this is an important point. People complaining that they didn't get into debt and etc are ignoring the bigger picture here.


The bigger picture than that, is punishing people for being financially responsible and rewarding financial illiteracy. Which is much more important and worse than the outcome of letting loans play out.

Should we punish people for life for being financially illiterate at 16-17? When everyone in their life told them they'd be a failure if they didn't go to college? And lenders taking advantage of that?


No way. You cant let them have a chance. Because some guy had it better. If they had a chance, he wouldnt be great.
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2deepintell
09/15/19 6:56:53 PM
#96:


At face value it seems like an attempt to bribe young people for their votes.
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Knowledge_King
09/15/19 7:01:30 PM
#97:


Villain posted...
Again, boomers drilled it into millennial heads that "you could grow up to be anything you want to be" and "you have to go to college to get a decent job"


I mean...no matter what others tell you, you're responsible for your own decisions.

Also no one said you have to got to an expensive college. Community colleges cost almost nothing and still give you half a bachelor's degree.
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KILBOTz
09/15/19 7:08:27 PM
#98:


I will never vote for someone that supports loan forgiveness.

I did 1 year running start (community college as a Hs student), 4 more quarters at CC to get my AA, then transferred to the university that was going to be cheapest for me to graduate from.

Sorry if you were stupid and made bad decisions. But your stupidity shouldnt be my problem. Forgiving debt doesnt address any of the underlying issues. College does need it be cheaper. Change the law that student loan debt can be discharged upon bankruptcy and get rid of federal student loans. There should be some innovative solutions to fill the market of the countless universities that have fleeced a generation.

And I dont want to pay for someone to spend 4 years to find themselves. You do that on your own dime.
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Villain
09/15/19 7:08:59 PM
#99:


Yeah I went to a community college but again, you're missing the big picture and long term ramifications
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KILBOTz
09/15/19 7:16:47 PM
#100:


Villain posted...
Yeah I went to a community college but again, you're missing the big picture and long term ramifications


Propping up bad systems with no accountability is pretty bad long term ramifications IMO. Better to break the academic industrial complex now than to further kowtow to it.
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hockeybub89
09/15/19 7:17:27 PM
#101:


KILBOTz posted...
I will never vote for someone that supports loan forgiveness.

I did 1 year running start (community college as a Hs student), 4 more quarters at CC to get my AA, then transferred to the university that was going to be cheapest for me to graduate from.

Sorry if you were stupid and made bad decisions. But your stupidity shouldnt be my problem. Forgiving debt doesnt address any of the underlying issues. College does need it be cheaper. Change the law that student loan debt can be discharged upon bankruptcy and get rid of federal student loans. There should be some innovative solutions to fill the market of the countless universities that have fleeced a generation.

And I dont want to pay for someone to spend 4 years to find themselves. You do that on your own dime.

You're being very selfish and disingenuous.

Teenagers are still just children and the majority are still impressionable and utterly ignorant of real world and finances. You are an exception, not a rule. Not to mention, sometimes shit can just happen and fuck over your college plans or your post-college financial situation.

Also, I'm pretty sure student loans are an issue for more than just gender studies and underwater basketweaving graduates.
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